Wednesday, July 27, 2016

Wall Street ends at equilibrium, marble left by the Fed – Zonebourse.com

New York – Wall Street still ended the session in the balance Wednesday in a market hardly inspired by a Federal Reserve showing a little optimism but without clarifying its monetary policy intentions: the Dow Jones yielded 0 , 01%, and the Nasdaq gained 0.58%.

According to final results, the index Featured Dow Jones Industrial Average fell 1.58 points to 18,472.17 points, but the Nasdaq, dominated by technology, advanced 29.76 points 5139.81 point

the broader S & amp;. P 500, considered by many as the most representative, yielded 2.60 points, or 0, 12% to 2166.58 points.

the highly anticipated release issued during the meeting by the Federal Reserve after a two-day meeting left them perplexed investors.

as expected, the monetary policy Committee (FOMC) kept its key rates unchanged and deferred again the normalization of monetary policy commenced in December.

He also demonstrated a relative optimism in all cases compared to its June meeting, assuring that “short-term risks to the economic outlook have declined.”

for some, this serenity leaves the door open for a rate hike this year or in September, which briefly sent the dollar rising and the stock market indices down, “Fed officials are desperately trying, but very soft way of saying they are willing to climb rate,” commented Gregori Volokhine Meeschaert Financial analyst Services.

But the market has shown that there believed not, which led to stagnation quickly recover.

“the market has been the idea that the Fed will always find a reason not to raise rates” soon, or at least before the November elections, says Mr. Volokhine.

C is for investors a rather good news: they usually have concerns that borrowing costs rising penalizes investment and make up the dollar, the risk of handicapping exports

Wednesday. the drop in durable goods orders in June has already led Jay Morelock of FTN Financial, to note that “corporate investment and exports are weak,” which weighs on the economy.

Finally, the market reacted to a flurry of corporate results, which continued to treat good and bad surprises

-. Twitter is sinking –

More big capitalization, Apple fired the entire market with a jump of 6.50% to its title, to 102.95 dollars.

“Many have seen the results of Apple as great because the company exceeded expectations analysts had revised downwards and offered much better prospects than expected for the quarter, “being explained Patrick O’Hare at Briefing. He considers for its part “staggering” plummeting turnover and Cupertino giant’s profits.

Goodyear tire manufacturer for its part rose 4.23% to 29.09 dollars , benefiting from higher profits and better than expected, although revenue declined.

the aircraft manufacturer Boeing rose from 0.82% to 135.96 dollars, benefiting from the increase its turnover, its losses were less pronounced than feared

But the social network Twitter tumbled 14.53% to 15.77 dollars. the revenue growth has disappointed just like the stagnation of number of users, while the results remain in deficit, ten years after its creation.

the food giant Coca-Cola has lost 3.30% to 43.40 dollars, penalized by the further decline in sales, although its net profit jumped more than 10%.

the specialist Mondelēz treats almost as many suffered, losing 2.90% to 43.94 dollars. Again investors lent more attention to the decline in revenues at the growth in quarterly profit, which exceeded expectations.

The bond market was rising. Around 8:20 p.m. GMT the yield on 10-year Treasury fell to 1.507% against 1.564% Wednesday night, and that good for 30 years at 2.220% against 2.281% previously.